How do you calculate the daily periodic rate?

Answers

Answer 1

Answer:

Answer:

First we need to know what's APR.

APR refers to a annual periodic rate that's charged in a credit card. It changes depending on the company. So, the daily periodic rate can be calculated by dividing the APR of the credit car by 360 or 365, depending on the credit card companies.

So, basically, you need to call the company and ask about the APR and ask if the use 360 or 365 days to calculate the daily periodic rate, then do the division.

Answer 2

Answer: A daily periodic interest rate is calculated by dividing the annual percentage rate, or APR, by either 360 or 365, depending on the card issuer.

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Matilda is filling a circular section of her porch with colorful pebbles. She knows the diameter of the circular section is 15ft, and each bag of pebbles covers 10ft. How many bags of pebbles will Matilda need? A. 15 bags B. 16 bags C. 17 bags D. 18 bags
Express 14.69 as a mixed number
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(6z²+z-1)(9z-5) polynomial equation

68 less than 5 times a number is equal to the number. What is the number?

Answers

I think the answer is 5x−68

What is the value of pi?
(π)

Answers

The answer to your question is 3.14

3.14 is the value of pi.. lol

Brian invested his savings in two investment funds. The $8000 that he invested in Fund A returned a 4% profit. The amount that he invested in Fund B returned a 1% profit. How much did he invest in Fund B, if both funds together returned a 2% profit?

Answers

Answer: Brian invested $16000 in Fund B .

Step-by-step explanation:

Let x be the amount Brian invested in Fund B.

Given, The $8000 that he invested in Fund A returned a 4% profit. The amount that he invested in Fund B returned a 1% profit.

i.e. profit on Fund A = 4% of 8000 = 0.04 ×8000 = $320

Profit on Fund B = 1% of x = 0.01x

Together they earn 1% profit, i.e. Combined profit = 2% of (8000+x)

= 0.02(8000+x)

As per question,

Combined profit=Profit on Fund A+Profit on Fund B

$\Rightarrow\ 0.02(8000+x) =320+0.01x\n\n\Rightarrow\ 0.02(8000) +0.02x=320+0.01x\n\n\Rightarrow\ 160+0.02x=320+0.01x\n\n\Rightarrow\ 0.02x-0.01x=320-160\n\n\Rightarrow\ 0.01x=160\n\n\Rightarrow\ x=(160)/(0.01)\n\n\Rightarrow\ x=16000$

Hence, Brian invested $16000 in Fund B .

solve each problem.simplify your answer.One inch on a map equals 375 miles.what do 5 3/4 inches represent.

Answers

1 inch × 375 = 375 miles
5³/₄ inches × 375 = 2156¹/₄ miles

If an inch on a map is equal to 375 miles, then 5³/₄ inches on an map is equal to 2156¹/₄ miles.

A parrot is selling for 40% off the original price. the original price was $90.what is these price of the parrot

Answers

40 percent off of $90 is $36.

The mean weight of trucks traveling on a particular section of I-475 is not known. A state highway inspector needs an estimate of the population mean. He selects and weighs a random sample of 49 trucks and finds the mean weight is 15.8 tons. The population standard deviation is 3.8 tons. What is the 95% confidence interval for the population mean?